Turning Point Brands Inc (TPB) — Who's Buying and Selling (13F, Q2 2026)

TPB ranks #2644 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.

TPB is a top-conviction position for First Sabrepoint Capital Management LP — at 13.4% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.

The largest dollar stake in TPB belongs to BlackRock, Inc., but the position matters far more to First Sabrepoint Capital Management LP, who has 13.4% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.

Copeland Capital Management, LLC has added to its TPB position for two straight quarters, increasing it by $36.4M to reach $58.5M today.

ArrowMark Colorado Holdings LLC has trimmed its TPB position for two straight quarters, cutting it by $69.3M while still holding $24.9M.

TPB is down 0.4% today, but institutions show net buying of $215.0M this quarter — a divergence between today's price move and the underlying institutional flow.

TPB posted net income of $44.6M over the trailing twelve months, and currently trades at a P/E of 35.3.

• Profitable — net income of $44.6M over the trailing twelve months
• Revenue grew 38.6% year over year
• Net income improved year over year, from $43.7M to $44.6M
• Generated $57.4M in positive operating cash flow
• Current ratio of 5.56x — enough short-term assets to cover short-term liabilities
• Liabilities run 1.05x equity — within a conventional range